Posts tagged Building new homes

Acton Gardens Reaches Out for New Homes

The London Borough of Ealing has granted planning permission for the £579 million regeneration scheme in Acton Gardens that will build thousands of homes and pave the way for new jobs in the trades.  

The regeneration of Ealing’s largest housing estate will develop an urban village with around 2,500 homes, half of which will be affordable, as well as tree-lined streets, parks, communal gardens, offices and retail space.

The developer, Acton Gardens LLP, is a joint venture between Countryside Properties and social housing landlord L&Q. It has established Acton Gardens Community Board in conjunction with local residents and stakeholders, to help manage the 15-year regeneration programme.

The new homes will be built to achieve a minimum Code for Sustainable Homes Level 4 offering low heating, power and water consumption. Non-domestic buildings are aspiring to achieve BREEAM ‘Excellent’.

David Montague, Chief Executive of L&Q, said: “Securing planning committee approval is a crucial milestone in the transformation of South Acton and we are extremely pleased to have been given the green light by our partners at the London Borough of Ealing.

“The consultation process with residents and local and regional stakeholders involved numerous public exhibitions, workshops with community groups and over 600 face to face interviews with residents.

“The results of this process can be seen in the quality of the design proposals which are very focused on delivering the aspirations of local people. The ground-breaking ‘Future Climate’ work at Acton Gardens will aid us in all our future projects.”

Currently there are 167 dwellings at Acton Gardens which are under construction with first completions expected in January 2013.

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New Trade Jobs as Kwoks set to roll in £300m deal

A £300 million development programme, part of an ambitious £8 billion residential scheme for London, is set to start in next year following an agreement between developers.

Capital and Counties Properties (Capco) today finalised the deal with Hong Kong developers, the Kwok family, to build 800 new homes around Seagrave Road in central London.

The investment is set to bring thousands of new trade jobs for the construction industry and encourage economic growth.

Proposals include building new offices, leisure and retail space as well as a new primary school, library and open public areas. The project will include 200 affordable homes that will be offered to tenants in nearby estates.

Ian Hawksworth, Chief Executive of Capco said: “We are pleased to have completed our joint venture agreement in relation to the Seagrave Road project and look forward to starting on site in 2013 to create this exciting new residential quarter for London.”

In accordance with the conditional agreement reached in December 2011, Capco received cash consideration of approximately £67 million from the Kwok family for the 50 per cent interest in the development, which includes the Seagrave Road site and other adjacent assets.

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Approved Plans for Building 3,000 Homes in Cambridge to Create New Trade Jobs

The University of Cambridge has been granted planning permission to build 3, 000 new homes as part of its £1 billion development in northwest Cambridge, creating significant employment opportunities for people in the trades.

The planning application for the 150 hectare site was approved by local authorities today, paving the way for residential and development partners to start building construction work in early 2013.

Cambridgeshire County Councillor Ian Bates welcomed the project’s planning consent. He commented that the £1 billion investment will encourage economic growth and create new jobs, showing that Cambridge is truly open for business.

Mr Bates said: “This new development and investment in the University will be a major boost to jobs in the area and help attract even more business.

“A booming Cambridge economy is good for our local communities and the nation as we have the ability to help the country out of recession.”

The University of Cambridge said in a statement today that it will provide 1,500 homes for key University and College employees, 1,500 homes for sale and accommodation for 2,000 students.

New 100,000 square metres research institutes will be built to the University’s wide range of community facilities. Around one third of the site will be used as public open space for sports, informal recreation and ecological use.

“This development is a major part of the University’s long term future,” said Vice-Chancellor Professor Sir Leszek Borysiewicz. “It will provide much of the residential and research accommodation that the University needs as it grows over the next 20 years.”

Councillor for South Cambridgeshire District Council, David Bard, said: “This development is key to the next stage in the development of Cambridge and will be an exemplar of sustainable living. The plans are of a very high quality and will deliver a new community that everyone will be very proud of.”

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The Nine Elms Regeneration Scheme to Build 3,000 New Homes

Wandsworth Council has granted planning permission to two major development schemes in London’s biggest regeneration zone, Nine Elms, which will see built almost 3,000 new homes.

The Nine Elms scheme will include replacing the existing 1970’s tower block on the corner of Warnsworth Road with two new 58 and 43-storey buildings, Wandsworth Council confirmed yesterday.

More than 1,000 new homes are currently under construction at the 195 hectares acres site in Nine Elms and another 12, 000 new homes are expected to come through the planning pipeline.

It has been estimated the building delivery programme at Nine Elms could support up to 24, 000 jobs in the building construction industry as well as contributing towards major infrastructure upgrades including the Northern Line Extension.

Wandsworth Council’s planning chairman Cllr Nick Cuff said: “We’re making tremendous progress in Nine Elms. Each new development will create new homes, new open spaces and new job opportunities for local people.

Commenting on the approved New Covent Garden Market scheme to modernise 40 years old market facilities in the area which could provide over 2, 000 new homes, Mr Cuff said: “The modernisation of New Covent Garden Market is designed to safeguard the future of 2,500 jobs and comes with a contribution of around £63 million towards the Northern Line Extension.

“One Nine Elms would see an outdated office block replaced with two glass towers and around half of the site would become a new public square lined with shops, cafes, bars and restaurants.”

Wandsworth and Lambeth Councils said they were securing apprenticeship places and local employment opportunities as a condition of each scheme’s planning consent.

Once the construction process is complete the new Nine Elms will provide an additional 25,000 new permanent jobs for London as well as 16,000 new homes.

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